Whats The Best Way To Convert Foreign Currency To Home Currency. Bank? Foreign Exchange?? (UK)?

Whats The Best Way To Convert Foreign Currency To Home Currency. Bank? Foreign Exchange?? (UK)?

Jimmie-Demuth, 2008-01-14 10:48:08
whats the best way to convert foreign currency to home currency. Bank? Foreign Exchange?? (UK)The currency is estonian.can i put foreign money in my bank account?What ways are there?The currency is worth about 500 pounds so comission/poor exchange rate will make a difference.Thanks

2008-01-14 12:05:51 Donette-Lauffer
Re: Whats The Best Way To Convert Foreign Currency To Home Currency. Bank? Foreign Exchange?? (UK)?

• Any commission charged is the only thing that's variable, the exchange rate will be pretty much the same where ever you go foreign coin exchange rate.
• Paying it into a bank works as does changing it at Post Office into cash and then banking the cash.
• Try finding somewhere that charges a set fee for the transaction rather than a percentage and always exchange as much as you can when that's the case.in US, you can exchange money at the airportat the bank you have to pay a fee and wait for the funds to be processedgood luck!
• currency foreign exchange rates.

 

2008-01-14 12:01:47 Garth-Rice
Re: Whats The Best Way To Convert Foreign Currency To Home Currency. Bank? Foreign Exchange?? (UK)?

• i usually find that the travel agent is very reasonable and they dont charge commission whereas i find that western union and the like are expensive.
• banks do it too.
• look for the 'bureu de change' sign.
• compare exchange rates at banks and foreign exchange outlets.
• rates are displayed in windows or if you search for exchange rate comparison in google search then you should yield some results.

 

2008-01-14 12:11:49 Hong-Marcotte
Re: Whats The Best Way To Convert Foreign Currency To Home Currency. Bank? Foreign Exchange?? (UK)?

The exchange rate on foreign currencies is basically the same wherever you go. You may see offers of no commision charge, but when you get this offer, the exchange rate is lower than when you are charged commision. I am not sure if Estonian money is a "Closed" currency. this means it is not qouted on the exchange rates.

 

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